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27 June 2024 | 3 replies
I have been looking around, and found very interesting proposals for the new buildings, which should be finished only in 1-2 years.
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27 June 2024 | 4 replies
@Erich Henson we've been in business 24 years as a PMC.While what you propose logically makes sense, most property owners are NOT logical about their rentals.Who is going to control pricing?
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27 June 2024 | 10 replies
Here are some additional activities that count, toward real estate professional and material participation hours.Research market for real estate transaction opportunities; current office market rates; terms of financingMaking offer contracts for properties that you end up buyingNegotiation for acquisition of rental properties that you end up purchasing; including directing due diligence and managing financial projections/business plansObtaining financing for properties that you purchaseProperty inspectionsAdvertisingMeeting with Prospective Tenants/showing properties to prospective tenantsNegotiate, obtain, & review proposals and contracts with vendors (insurance, utilities, etc) for property servicesReview and Negotiate The Terms of Sale AgreementsStaging and Decorating3rd party contractor, vendor, or service provider supervision
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28 June 2024 | 46 replies
Did you use a certain format or just propose lower price?
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27 June 2024 | 6 replies
You can access nearly 95% CLTV (on a primary - depending on income) and on investment properties up to 85% (full income verification) or use the proposed rental income (DSCR) usually up to 70-75% max.
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25 June 2024 | 2 replies
For those homeowners that have been in their properties more than 5-10-20 years, in all likelihood they have a low existing mortgage balance in comparison to the proposed sales price.
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25 June 2024 | 1 reply
For example, propose a smaller initial down payment and larger monthly payments, which could free up some capital for the rehab budget.Partner-Investor:While not your preference, finding a partner-investor could be a viable option.
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26 June 2024 | 15 replies
Try to network locally with some contractors that have done the kind of work that you're hoping to do and ask for some of their most recent proposals.
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24 June 2024 | 4 replies
These websites often include project proposals, public notices, and contact information for city planners.Local Newspapers and Publications: Stay updated with local newspapers, magazines, and community newsletters.
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24 June 2024 | 8 replies
My husband and I would like to propose some creative financing options...potentially offering a lease-to-own style option?